Neuroscience of Money

-
                                       The people in this generation are having a lot of opportunities to invest the savings. The nature of savings and investments varies with the various demographical factors. The investment returns are constant to a rich person and a pay scale based person, but what makes the difference in their perceptions of the markets and investment avenues. This is all based on their thought process. Neuroscience of money, which describes the various people's perceptions and thoughts varies from their education level, their position of responsibility. It has also been studied, how an investor makes investments, whether he is using any source of information for investments of this money. It is observed that the behavior of different income level persons and different educational backgrounds people reacting to the fall of their market value of investments in different scenarios. 

                                  It is observed their perception of thinking and choosing of industry, which generated more revenue to them based on their education qualification. It has been seen the generation Z people are in the world of a lot of opportunities, their mindset of thinking about investment is very less and preference for the current consumption only. The investors in the market are a very minute percentage in the nation when compared with internationally. The relationship between the income level and the percentage of investments is also an interesting fact to be concentrated on. Neuroscience of money focuses on the fact that investors are not always rational, have limits to their self-control, and are influenced by their own biases, news, and various factors influenced them.

 


Location: India

Comments

Post a Comment

Popular posts from this blog

SWAMIH

-
  Nirmala Sitaraman handed over 640 houses funded under SWAMIH and 12400 houses are expected to be completed in the coming year. We need to know about SWAMIH. Special Window for Affordable and Mid-Income Housing. SWAMIH is an Alternative Investment Fund that was launched by Nirmala Sitaraman in November 2019. As real estate is under stress during the period 2019 to date and Financial institutions could not lend more, the alternative fund of INR 25000 Crores was created to provide the fund and completion of projects, which are RERA registered. Alternative Investment of SWAMIH was created for the completion of nearly 60000 homes across India. SWAMIH was funded by 14 investors. Government of India 50% amount to 12500 Crores, LIC, SBI each of 2500 crores each and 30% by private and public sectors. This is expected to give a big move for employment, Steel and cement industry as well as banks and NBFC. Interestingly, NRI's are also looking to buy property in India, due to better capital
Read more

Lets talk money

-
Image
Started reading again " Let's talk money" by  @monikahalan  which explains money management in the Indian context. "Our money worries usually center around finding the best return on investment. But there is a lot more to Financial fitness than just investments. We need a system and not a single-shot solution. "  We worry about the investment the way we worry about our weight. Instead of dieting or investing being a habit, we only think of them as remedial measures when our weight or our bank balance goes too high or low. Everybody has money to save - from the poor to rich, we just don't know how to look for it.  #savings   #investing When you lend money for a non-emergency situation to a person, you lose money, you lose respect for the other person, and somewhere for yourself for getting into a situation like this. Keeping money ready for an emergency is important. Not only do you not have to worry about the money when you need it, but it also frees up mone
Read more

Should we adopt Western culture ?

-
Culture opens a sense of beauty.                    Indians want to accept the western culture some of the good things, which make our culture improve. We need to be hand in hand and give importance to our culture and adopt western which is fruitful. Western culture is referred to as advanced ad ideas are used for sustained utilization.                     If we adopt western culture it will go like a modern era, it depends on who is developing in themselves. They may slowly forget our traditions. Adoption of culture should not harm anyone. if we adopt the western culture, for example, they drink much caffeine, alcohol, if we take in India, we don't alcohol, caffeine, as much as western people due to climatic conditions. Adoption should be restricted to a certain extent.                    Instead, we have our own methods and cultures to protect ourselves from the winter coolness. Every culture has its own way of life, the way of talking, living, If we follow completely, we may for
Read more